Wednesday, April 23, 2025
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Bitcoin touches $30K as BTC bulls well-positioned for weekly $3.2 billion options expiry

Bitcoin (BTC) price broke above $29,800 on April 26, totaling 9.6% gains in 24 hours, reaching as high as $30,024 on Bitstamp. Some commentators argue that the 50% drop in First Republic Bank (FRB) shares on April 25 has been the catalyst for Bitcoin’s rally. Bitcoin gains from banking crisis Despite

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BTC price gains 6% as First Republic Bank drama delights Bitcoin bulls

Bitcoin (BTC) headed toward $29,000 on April 26 after overnight gains marked a solid rebound.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin short squeeze risk on the riseData from Cointelegraph Markets Pro and TradingView showed BTC/USD advancing swiftly during Asia trading to deliver 6.5% upside versus its local lows.The pair had

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Bitcoin derivatives data shows bulls positioning for further BTC price upside

Bitcoin (BTC) price maintained the $30,000 support as lower-than-expected U.S. Consumer Price Index (CPI) data released on April 12. The official inflation rate for March increased 5% year on year, which was slightly less than the 5.1% consensus. It was the lowest reading since May 2021, but is still significantly

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Bitcoin-friendly PPI data boosts bulls as Ether price fights for $2K

Bitcoin (BTC) preserved $30,000 support at the April 12 Wall Street open as more United States macroeconomic data boosted bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPPI hints further inflation drops to comeData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,250 on Bitstamp.Amid a slowdown in volatility, U.S.

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Bitcoin barely holds $28K as bulls see new rejection at key resistance

Bitcoin (BTC) saw another failure to exit a tight trading range into April 6 as $28,000 again hung in the balance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis sees traders "compressing" BTC priceData from Cryptox Markets Pro and TradingView showed BTC/USD trading below the the $28,000 mark at the time of

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3 reasons why Bitcoin bulls are well positioned to profit from this week’s $4.2B options expiry

Regulation continues to be the primary concern for Bitcoin bulls, especially after the Commodity Futures Trading Commission (CFTC) sued Binance for trading and derivatives law violations. The regulator wants Binance to repay the trading profits, revenues, salaries, commissions, loans and fees it received from US citizens, as well as paying

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Ethereum bulls ignore regulatory action against exchanges by preparing for the Shapella hard fork

For the past twelve days, the price of Ether (ETH) has been trading in a narrow descending range. Surprisingly, not even the news of Binance and Changpeng "CZ" Zhao being sued by the Commodity Futures Trading Commission (CFTC) was enough to break the support level. Ether (ETH) price index in USD,

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